Antifragile by Nassim Nicholas Taleb. How to make decisions in a world with unexpected shocks.

Sentiment. Companies like Tesla have huge valuations on the hope of robots years in the future. Its a massive bubble but all owners of Tesla are convinced it's going to be huge.

Like four seasons in one day.

Tariffs on pharma just don't work.   If you have a life threatening condition,  then you need the best drug to treat it and will pay 25% extra.  For generics, you won't pay extra but then you have shortages because your contracts are canceled or the manufacturer goes out of business.  So consumers pay or insurance premiums go up. Its an extra tax on Americans but I'm sure they will try to blame everyone else.

Not sure why companies with no connection to USA are falling based on worries about recession in USA. A good opportunity to buy quality stocks with good yields at cheaper prices.

In a choppy market,  an up day is a good time to buy $ProShares Ultra VIX Short-Term Futures ETF(UVXY)$

Happy new year, best wishes to everyone.

It amuses me that Jeffries price Palantir at $28. I looked at it when it was $40 and decided the price was too high and they obviously think the same. Is the price going down to fundamentals or will it take off again?

2002 and buy a house in a nice neighborhood for a reasonable price.

I got a voucher too!

Last tax loss harvesting day today, could be a jump in early 2025 for those stocks.

My best gain in 2024 was Amprius ($Amprius Technologies Operating Inc(AMPX)$ ) and I'm still holding because I expect it to go up again in 2025. They make lithium-silicon batteries that are better than the lithium-NMC batteries currently used in cars. There's lots of competition but no one else has posted better figures for how far you can go one one charge. The batteries also charge faster. They're currently selling batteries for drones and satelites and mobility equipment but intend to move into car batteries. They signed a bid deal this year with an undisclosed Global Fortune 500 maker of light electric vehicles i.e. electric bikes or motorcycles for $20m. They're not currently profitable as they have been building factories. They put

$DE GREY MINING LTD(DEG.AU)$ Good price increase from the offer from Norther Star but I don't think it's high enough. $5bn sounds like a lot until you realise the pre tax project cashflow of $6.5bn is at a gold price of A$2700. You would have to think gold will drop 30+% or the asic will be above forecast to sell.